4 December 2015 What a week for the markets – just as we were waiting for things to ‘liven up’ ahead of the festive holidays. We started the week full of optimism ahead of the all-important European Central bank (ECB) policy update. Come crunch…
4 December 2015 It may develop flats buts its shares are anything but this morning, with Berkeley Group (BKG) testing fresh all-time highs, building on a recent 3200p breakout thanks to a handsome set of H1 results. Investors like the look of a solid first half with sales +11.7% and underlying profits +10.2% –…
A good question. To answer it we need to look at the two markets that are featuring heavily in December. With China and emerging markets hanging out in the background, it’s the US and Eurozone that are top of the bill. The Euro rallied prior to today’s disappointing ECB announcement both on technical grounds and…
2 December 2015 Shares in business management software maker Sage Group (SGE) are bearing the brunt of the bears today despite in-line FY results and thus underperforming a still rallying UK Index . However, at first glance it would appear that share price technicals are the culprit rather…
1 December 2015 UK banks shares are in celebratory mood this morning in the wake of the latest round of Bank of England (BoE) stress tests. This comes from suggestions that the central bank is set to ease capital pressures on the sector after years of post-crisis reform…
27 November 2015 This week I had the same conversation with several clients. Asked whether the UK Index could get back to 6400, each time I answered that ‘yes it could’. Of course it could, it’s binary (it might, it might not), however, this was enough to satisfy the many clients who wanted to buy…